Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
With profits down due to lower volumes and declining volatility in U.S. stocks, high-frequency traders face growing pressure to find new markets and innovate when speed is not enough.
What has the Twitterati been saying about hedge funds for the past few days? A potential First Lady invested a ton into her son's hedge fund, lawmakers in the UK want to grill the same hedge fund managers who donated a boatload of cash to their coffers and high-end ladies footwear were some of the hot topics. Advanced Trading chose a sample of the most provocative Tweets and gathered them into in one handy gallery. Did we miss your favorite? Send it to us and we'll re-tweet it in a hurry.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
The number of shares traded via high-frequency trading are down and politicians want to roll out a tax to serve as a speed bump. Some are wondering if microsecond dealings are poised to fade away.
Buy-side clients need to understand that when they trade on a broker-sponsored platform, they are paying for these systems, whether that payment comes in the form of commissions, licenses, or widened spread. Therefore, the most important thing the buy side should do is to think like a customer.
Paving the Way for European Regulatory Reform: An Evolution in Electronic Fixed IncomeApril 24, 2013There is no doubt that the regulatory reforms under way will change the way European market participants trade fixed income. Forward-thinking market participants should prepare for requirements relating to clearing, trade reporting, transparency, and regulation of trading venues, and certainly a move towards electronic trading.
Joseph Cangemi Appointed CEO of ConvergEx's UK Broker DealerApril 23, 2013Known for his knowledge of U.S. equity market structure, Cangemi will relocate to London to head ConvergEx’s European operations, while continuing as co-head of electronic equity trading and sales.
Wall Street Retreats on Euro-Zone ConcernsMarch 27, 2013U.S. stocks dipped on Wednesday as soft demand at an Italian debt auction kept concerns about the financial stability of the euro zone at the center of investor focus.
ECB Gives Cyprus Bailout Ultimatum, Banks Face CutoffMarch 21, 2013The European Central
Bank gave Cyprus until Monday to raise billions of euros to
clinch an international bailout or face losing emergency funds
for its banks and inevitable collapse.
Ratings Agencies Come Under Fire from EU WatchdogMarch 18, 2013The European Union's markets
watchdog has criticised the world's top three credit ratings
agencies for a lack of transparency over how they evaluate banks
and demanded more robust internal reviews of their methods.
Forget Dodd-Frank, Watch Out for FTT!March 08, 2013As the Financial Transaction Tax gains momentum in Europe, the possibility that a broad-based tax could spread globally is not out of the question. But would it reduce liquidity and add to volatility?
Europe's Small Stocks Lure Fresh Cash, Set to Take OffFebruary 25, 2013Shares in Europe's smaller
companies are starting to attract fresh investors and should
outperform larger firms this year as the continent's relative
minnows belatedly felt the impact of central bank stimulus.
EU's Financial Transaction Tax Stirs Up Controversy on TwitterFebruary 15, 2013The EU's decision to push ahead with the financial transaction tax with support from only 11 countries, including France, Germany and Spain, triggered diverse viewpoints on Twitter.
NYSE Euronext to Cut Costs Ahead of ICE SaleFebruary 05, 2013NYSE Euronext has pledged
to reduce costs further to offset slower trading as it prepares
for this year's planned sale to IntercontinentalExchange
(ICE).
Outgoing Eurogroup Chief Calls for Direct Bank AidJanuary 10, 2013The euro zone must use its
rescue fund to inject money into banks with past debts, the
president of the Eurogroup said on Thursday, warning anything
less would undermine the bloc's crisis response.
In ICE-NYSE Deal, One CEO Steps Back, The Other RisesDecember 21, 2012Duncan Niederauer, the chief executive of
New York Stock Exchange operator NYSE Euronext, once
boldly proclaimed that his company could not be acquired.
IntercontinentalExchange Buys NYSE Euronext for $8 BlnDecember 20, 2012IntercontinentalExchange
agreed an $8 billion deal to buy New York Stock Exchange owner
NYSE Euronext on Thursday, propelling the commodities player
into European financial futures and helping it to take on arch
rival CME Group.
CME Says No Plans to Shut Grains Floor TradingNovember 28, 2012The CME Group, the
biggest operator of U.S. futures exchanges, has no plans to shut
open-outcry trading pits but will not change new price
settlement rules for grains despite a lawsuit by a group of
traders, its CEO said on Wednesday.
Debate Over Market Data Fees to Resurface in Court CaseNovember 13, 2012Lawyers representing a group of brokers, bankers and money managers, along with tech giants, will deliver closing arguments today in a court case fighting new market data fees charged by stock exchanges.
